secwatch.observer — SEC 8-K summary
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Issuer:     Permianville Royalty Trust (PVL)
CIK:        0001520048
Form:       8-K
Filed at:   2025-03-17T23:59:59+00:00
Accession:  0001104659-25-024493
Event type: other_material
Sentiment:  neutral
Materiality: 0.55
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Permianville Royalty Trust: no April monthly distribution; $0.0085/unit special distribution
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- Cumulative net profits shortfall declined to $1.1M from $1.4M; no distribution payable April 2025 to March 31 record holders.
- Special cash distribution of $282,072 ($0.008548/unit) from released withheld proceeds of August 2023 Permian Basin sale; payable April 14.
- Oil volumes: 37,097 Bbls at $75.52/Bbl; gas: 474,050 Mcf at $1.90/Mcf.
- Operating expenses rose $0.3M to $2.3M; capex $1.0M elevated due to drilling of three Haynesville wells by a super major.
- Sponsor expects Underlying Properties to return to positive net profits in 2025; distributions resume only after shortfall eliminated.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1520048/000110465925024493/0001104659-25-024493-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1520048/000110465925024493/tm259540d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-25-024493

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